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$387,000

NAL Estimated Property Value

111 Heron Dr, LOS FRESNOS, TX, 78566

$405,516 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.16 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Lot Size8,281 sqft

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APN79-1982-0050-0060-00
Lot Number6
SubdivisionFeather Ridge Subdivision Phase Two
Land UseVacant Land
Legal DescriptionLOT 6 BLK 5 FEATHER RIDGE SUBDIVISION PHASE TWO (2021 SUBD PLAT C1-4067-69 CCMR FILED ON 08/27/2020)
Census Tract014202
Assessed Land Value$80,730
Assessed Improvement Value$24,094
Assessment Year2025

About this property

Vacant lot available to build your dream home in a well desired neighborhood, if you're looking to invest, or build your primary residence this is where you want to be. LFCISD zoned and minutes away from the island, parks, schools, and restaurants. Water and electricity ready to be connected.

Investor Tools

Property Icon
$387,000
Estimated Property Value
$287,129Estimated Mortgage Balance
$99,871Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$405,515
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,310
$104,824
2025
$80,730
$24,094
$104,824
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,310
$104,824

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star National Bank
Commercial
$230,000
No
First
Oct 7, 2024
Oct 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,129
$99,871
25%
74%
$1,769/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: LOS FRESNOS

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111 Heron Dr | Property Details | No Agent List